Snow Rothschild Acquisition Corp. closes $200 million IPO

Snow Rothschild Acquisition Corp. (NASDAQ: ISNRU) completed its initial public offering of 20 million units at $10 per unit, raising $200 million, the company announced.

Each unit consists of one Class A ordinary share and one-half of a redeemable warrant. Each whole warrant allows the holder to purchase one Class A ordinary share at $11.50, subject to adjustments. The company deposited $10 per unit into a trust account with Continental Stock Transfer & Trust as trustee.

The units began trading on the Nasdaq Stock Market on June 9, 2026, under the ticker symbol "ISNRU." The Class A ordinary shares and warrants are expected to trade separately on Nasdaq under the symbols "ISNR" and "ISNRW," respectively.

Santander served as the sole book-running manager for the offering. The company granted the underwriter a 45-day option to purchase up to an additional 3 million units at the offering price minus underwriting discount to cover over-allotments.

The Securities and Exchange Commission declared the registration statement for the units and underlying securities effective on June 8, 2026.

Snow Rothschild Acquisition Corp. is a blank check company formed to pursue a merger, acquisition or similar business combination. The company may target opportunities in any industry or geographical location, though it intends to focus on industries where its management team has experience, particularly industrial assets.

The management team includes Ian Snow as Chief Executive Officer and director, Nathaniel Rothschild as Chairman, and William Chai as Chief Financial Officer.

You May Also Be Interested In

• Elroy Air wins $46M U.S. Army contract for cargo drone system
• TMCR raises $165M to acquire additional Mesabi iron ore royalty
• Werewolf Therapeutics to merge with Ambros in $150M private placement